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Kidder Mathews Expands Expertise with Three Key Additions to Valuation Advisory Services

Posted In — News & Press | Press Releases

Kidder Mathews welcomes appraisal team, Babak Sammak, Michael Thiel, MAI, and Tommy Stuebe, specialists in market-rate and affordable multifamily properties, to the firm’s Valuation Advisory Services in San Diego and Los Angeles. Sammak and Thiel have been named senior vice presidents and will office in San Diego, while Stuebe will join as vice president based in Los Angeles. The team will collaborate closely with Senior Vice President Bill Drewes, MAI, and Research Analyst Will Drewes at Kidder Mathews’ Los Angeles office.

Sammak is a state-certified appraiser licensed in California, Arizona, and Nevada, bringing over 15 years of experience in commercial real estate valuation. Thiel holds the prestigious MAI designation (Member, Appraisal Institute) and has been a commercial real estate appraiser for over 30 years. Stuebe adds depth to the team with his background and prior collaboration with Sammak and Thiel at CBRE, contributing to their extensive track record in leading the Southern California Affordable Housing Group.

They specialize in appraisals for various institutions and agencies, including market studies for the Department of Housing and Urban Development (HUD) and Rent Comparability Studies (RCS) for HUD, as well as state tax credit agencies. Examples include the 710-unit Park 12 multifamily property in San Diego adjacent to Petco Park, and the 285-unit low-income senior housing Westminster Towers in Santa Monica.

“I am excited to join the Kidder Mathews valuation team. The company’s growth throughout the West Coast has been impressive over the past few years. I’m confident its unique business platform and top-notch support teams with state-of-the-art market research on all property types will allow our team to deliver best-in-class service to our clients,” said Sammak.

“The Kidder Mathews platform provides unparalleled opportunities for professional growth and business development while working alongside industry veterans with a wealth of knowledge and contacts,” said Thiel.

“Mike, Babak, and Tommy are among the top multifamily valuation teams on the West Coast, and we are thrilled to welcome them,” said Randy Clemson, Executive Vice President of Kidder Mathews Valuation Advisory Services. “Their decades of experience, in-depth industry knowledge, and high-quality clients will contribute to Kidder Mathews’ ongoing success.”

Kidder Mathews’ Valuation Advisory is experiencing significant growth, with a more than 50% increase in assignments over the past six years. More than half of its appraisers hold the prestigious MAI designation from the Appraisal Institute, positioning the firm as a leader among independent commercial real estate firms on the West Coast.

About Kidder Mathews
Kidder Mathews is the largest independent commercial real estate firm on the West Coast, with over 900 professionals in 19 offices across Washington, Oregon, California, Idaho, Nevada, and Arizona. We offer a complete range of brokerage, appraisal, asset services, consulting, and debt & equity finance services for all property types. Kidder Mathews averages over $10 billion in transaction volume, manages more than 55 million square feet of space, and conducts 2,600 appraisal, consulting, and cost segregation assignments annually. For more information, visit kidder.com.

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